The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of tankers waiting in...
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A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait...

A backlog of oil tankers at the Turkish straits continues to build up as negotiations failed to produce a solution...

A letter provided by Russian insurer Ingosstrakh enabled the first oil tanker to sail through Turkish waters in recent days...

The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade...

Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof that tankers are...

After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday....

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for...

Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability...

Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related...